Free Daily Analysis
Future Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
ALUMINUM Sep 2022 (NYMEX:ALI.U22)
Bull Market Weakness (+75) - ALI.U22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ALI.U22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ALI.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for ALI.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ALI.U22
The long-term trend has been DOWN since May 5th, 2022 at 3488
The intermediate-term trend has been UP since Jul 28th, 2022 at 2468
The short-term trend has been UP since Aug 8th, 2022 at 2415
Smart Scan Analysis for ALI.U22
Based on our trend formula, ALI.U22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2454.25 | 2469.25 | 2454.25 | 2398.75 | +56.75 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2429.00 | 68 | 2022-08-09 08:41:56 |
| Expiration | 2022-09-28 | Open Time | 08:01 |
| Close Time | 12:00 |